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Africa turns to mobile payments as a tool to curb COVID-19

Africa is using digital finance as a means to stem the spread of COVID-19.Governments and startups on the continent are implementing measures to shift a greater volume of payment transactions toward m

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Silver linings emerge in Asia amid global recession fears

Market observers have pointed to silver linings in Asia even as markets worldwide fluctuated in the past weeks from a virus pandemic as well as plunging oil prices.Asian economies with closer trad

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Smart stock investors will watch the dollar in uncertain times

Editor's Note: Jimmy Zhu is a chief strategist at Singapore-based Fullerton Research. The article reflects the author's opinion, and not necessarily the views of CGTN.There are many factors including

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China's central bank to issue 10-bln-yuan bills in Hong Kong

China's central bank said Friday that it would issue 10 billion yuan (about 1.43 billion U.S. dollars) of bills in Hong Kong on March 26. The bills, which will mature

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South Korean, Japanese central banks buy gov't bonds

The Bank of Japan. /VCG Central banks in South Korea and Japan on Thursday announced bond buying plans to help douse the volatility in the local markets affected by fears surrounding the COVID

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YC graduate Genecis Bioindustries turns food waste into compostable plastics

Unfortunately, the world doesn’t have a constant quantity of problems, and while governments and most private businesses are focused on tackling the ongoing COVID-19 pandemic, companies like Gen

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Multi-colored rape flowers repaint China's countryside

Many travel guides describe China's spring as a picturesque and pleasant season when much of the countryside is carpeted in yellow rape flowers. This natural beauty reaches its peak from late Marc

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COVID-19 crisis: why can't everyone be tested?

Europe has now being declared the epicenter of COVID-19 by the World Health Organization. /Jure Mekovac/AFP The UK government has faced criticism for telling people with potential symptoms of

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'The Forest Maker' continues to impact millions of lives in Africa

VCG Most people have probably never heard of Tony Rinaudo, but millions continue to benefit from his work, especially in parts of Africa.The 63-year-old Australian agronomist is known as the "

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Is China a real-time superhero of the present world?

Editor's note: As China is fighting against COVID-19, many international friends including individuals, entities, groups and institutions, among others, have expressed their support and affirmatio

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Panic grips financial markets after U.S. travel curbs, ECB move

Panic hit world financial markets on Thursday after stimulus efforts from the European Central Bank failed to calm investors alarmed by U.S. moves to restrict travel from Europe because of the cor

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S&P 500 falls 7%, triggers second circuit breaker in a week

The SP 500 fell more than 7 percent at the open on Thursday after WHO declared COVID-19 a pandemic and U.S. President Donald Trump imposed a travel ban for Europe, triggering this week's second circu

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China to boost reforms of bond market to support real economy

VCG China will accelerate reforms of the bond market to better support the real economy, the central bank said Wednesday.With serving the real economy as the starting point, the central bank w

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Roundup: Wall Street tumbles amid oil shock, coronavirus fears

"The market doesn't like uncertainty. We live in a day and age where electronic trading, which is based on speed and efficiency, is moving markets more fluidly than ever before." NEW YORK, March 10

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China shares bounce back from Monday's rout thanks to upbeat sentiment

The Shanghai Stock Exchange is the world's fourth-largest stock market by market capitalization at 4.0 trillion U.S. dollars as of November 2018. /VCGChina shares recov

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Wall Street tumbles amid oil shock, coronavirus fears

Wall Street's major averages closed sharply lower on Monday as concerns over oil-price plunge and the continued spread of the coronavirus gripped the financial markets

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Dow closes down over 2,000 points amid oil shock

U.S. stocks plunged on Monday with the Dow closing down more than 2,000 points amid anxieties over a possible all-out oil price war and economic slowdown from the spre